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Setup page · Accounts receivable

Payment days

A setup page for payment days, which are expected days of the week or days of the month used in terms of payment.

Used by
Accounts receivable clerk, Accounts receivable manager, Auditor and 10 more roles
Business process
Define customer payment processes in Dynamics 365 Finance
Menu item
CustPaymDay
Main table
PaymDay
Data entity
PaymentDayCdsEntity
Setup steps
1 on this page
Show what matters for

Everyone

1What it is and why

What it isA setup page for payment days, which are expected days of the week or days of the month used in terms of payment.
What you do hereUse it to create payment days that terms of payment use when calculating due dates; the setup is shared with Accounts payable.
ExampleWhen terms of payment require customers to pay on a specific day of the month, such as the 10th, you create a payment day for it.
Payment days page in Dynamics 365
The page in a working Dynamics 365 system. page title tab to open what to set or check

Functional consultant · Solution architect

2Where it fits

Business processDevelop sales policies › Define accounts receivable strategy › Define customer payment processes in Dynamics 365 Finance
Menu pathAccounts receivable › Payments setup › Payment days
Set up first—
Used next byTerms of payment Microsoft Learn ↗
Related pagesPayment schedules Microsoft Learn ↗Terms of payment Microsoft Learn ↗Cash discounts Microsoft Learn ↗Payment days (Accounts payable) Microsoft Learn ↗

End user · Functional consultant

3How to do it

Step by step, with screenshots

Set up Payment days1 screen

Define the payment days used to calculate due dates for payments received from customers or made to vendors.

  1. Screen 1

    Create the payment day

    Go to Accounts receivable > Payments setup > Payment days

    1. Select New
    2. Enter the code and the description
    3. Add a line: Week, Friday
    4. Save
    1Payment dayBEAT-FRI
    2Week/MonthWeek
    DescriptionAtlas demo pay on Fridays
    Day of weekFriday
    Create the payment day (zoomed on the outlined fields)
    Show the full screenCreate the payment day
    page title tab to open what to set or check

Microsoft's steps

  1. Go to Accounts receivable > Payments setup > Payment days.
  2. Select New.
  3. Create a payment day when your terms of payment need a set weekday or a set date in the month.
  4. Fill in the Payment day, Description and Week/Month fields.
  5. In the Day of month field, enter the date as a number, for example 10.
  6. Select Save.

Source: Microsoft Learn ↗

Field guide

FieldWhat it meansWorked exampleTable column
Payment dayThe day of the week or day of the month on which customers are expected to pay.Microsoft Learn ↗BEAT-FRI—
Day of monthThe date in the month, entered as a number such as 10.Microsoft Learn ↗——
Description—Atlas demo pay on FridaysDescription
Week/Month—Week—
Day of week—Friday—

Functional consultant

4Setup decisions

Setup stepRecommended value and whyDecision · common mistake · test
Set up Payment days——

Solution architect

5Design impact

Shared or per companyPer company: each legal entity has its own records. Microsoft data model ↗
Can it be undone—
Feature or country—
If you change it laterPayment days are shared by Accounts receivable and Accounts payable in the same legal entity, so a change here also affects vendor payment terms. Microsoft Learn ↗

Technical architect

6Technical

Menu itemCustPaymDay Checked in Dynamics 365
FormPaymDay Checked in Dynamics 365
TablePaymDayShown as “Payment days” in Record infoChecked in Dynamics 365
Data entitiesPaymentDayCdsEntityPayment days CDS Microsoft data model ↗
Who can open itPrivilegesMaintain customer payment days CustPaymDayMaintainView customer payment days CustPaymDayViewDutiesInquire into collections status CollectionLetterCollectionsStatusInquirInquire into collections policies CollectionLetterCollectPoliciesInquireInquire into invoice and cash policies CustInvoiceInvoiceAndCashPoliciesInquirEnable invoice and cash process CustInvoiceInvoiceAndCashProcessEnableInquire into invoice and cash policies RentalCustInvInvoiceAndCashPolInquirEnable invoice and cash process RentalCustInvoiceInvAndCashProcEnable
13 security rolesAuditor AuditPolicyManagerCollections agent CollectionLetterCollectionsAgentCollections manager CollectionLetterCollectionsManagerAccounts receivable clerk CustInvoiceAccountsReceivableClerkAccounts receivable manager CustInvoiceAccountsReceivableManagerAccountant LedgerAccountantAccounting manager LedgerAccountingManagerAccounting supervisor LedgerAccountingSupervisorFinancial controller LedgerFinancialControllerAccounts receivable centralized payments clerk PaymAccountsReceivableCentralPaymClerkAccounts receivable payments clerk PaymAccountsReceivablePaymentsClerkRental coordinator agent RentalCoordinatorAgentRental manager RentalManager
Checked in Dynamics 365
Actions on the page—

Developer

7Developer

Open it directlyhttps://<your-environment>/?mi=CustPaymDay
Integrate withPaymentDayCdsEntity data entity Microsoft data model ↗
Table definitionPaymDay columns and relations Microsoft data model ↗

Everyone

8Sources and checks